Nexant Expands Global Gas Sector Services

Nexant announced today that three gas industry experts—Mike Fulwood, Brian Little, and John Conway—have joined the company’s global gas practice. The three are former principals and founders of Energy Markets Partners LLP, a U.K.-based energy consultancy specializing in natural gas markets. Additionally, Nexant has also acquired a unique proprietary natural gas model that was developed by Energy... 

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Bangladesh holds huge intact coal energy

As uncertainty clouds the mining of county’’s abundant wealth of coal, government has missed a deadline for doubling the current volume of power by generating an additional 4,000 megawatts of electricity under a master plan, reports UNB. Eight new power plants, having a total 4,000MW capacity, were planned for setting up by 2005 as per the Power System Master Plan (PSMP). The government... 

Tag: coal production fields in bangladesh, coal as an alternative fuel in bangladesh, prospects of mining eqpt in bangala desh, scenario power plant in bangladesh, coal reserves in bangladesh

LME copper higher on falling inventories

Copper traded higher on Tuesday as stocks in London Metal Exchange warehouses fell and analysts said prices might keep rising if this trend persisted. “If that were to continue… more downs than ups in visible stocks, then there would be one or two shorts around that might give us a base in these markets as they unwind their positions,” chief investment strategist Sean Corrigan at... 

Tribe decries oil drilling at sacred land

Hundreds of Bari Indians came from the hills yesterday in their first march to demand that the state-owned oil company stop drilling on sacred land abutting their reservation. The 700 protesters rallied in one of Colombia’s most war-ravaged regions on Columbus Day — commemorated as “Dia de la Raza” or “Indigenous People’s Day” in much of Latin America —... 

Colombian Indians protest oil drilling

Hundreds of Bari Indians, most clad in loincloths and carrying bows and arrows, came down from the hills in their first march ever Thursday to demand that the state-owned oil company stop drilling on sacred land abutting their reservation. The 700 protesters rallied in one of Colombia’s most war-ravaged regions on Columbus Day ”” commemorated as “Dia de la Raza” or “Indigenous... 

Bangladesh favors cancellation of coal-mine deal with Britain’s Asia Energy

Bangladesh’s prime minister’s office has asked the energy ministry to take necessary steps to scrap a multibillion dollar coal-mine deal with British company Asia Energy PLC that sparked violent protests, a news report said Saturday. The move came after at least six people were killed by police during violent protests in August demanding that the government scrap the deal, the New Age newspaper... 

Asian Stocks Drop to Five-Week Low; BHP, Nippon Mining Decline

Asian stocks fell to a five-week low, led by BHP Billiton, Nippon Mining Holdings Inc. and PetroChina CO., on concern copper and crude oil will extend declines amid signs of cooling demand in the U.S., Japan and China. “The outlook for global growth still doesn’t bode well for commodities demand,” said Angus Gluskie, who helps manage $270 million at White Funds Management in Sydney.... 

Bangladesh paralysed as coal protest strike grips nation

A strike paralysed Bangladesh as a police officer was killed amid new violent protests over the shooting deaths of five demonstrators against a British firm’s plan to construct a coal mine. Shops, schools and businesses in all major towns and cities were closed for the strike called by the main opposition to protest the Asia Energy Plc project north of the capital. In Dhaka, activists hurled... 

Bangladesh towns shut after coal mine protestors killed

Thousands of farmers took to the streets across northern Bangladesh over the fatal shooting of at least five people protesting against an open-pit coal mine. Hundreds of paramilitary and police stood guard outside coal mining firm Asia Energy in Phulbari where security forces allegedly shot into a crowd of protestors Saturday who tried to storm the offices. More than 50 people were injured, police... 

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Bumi scraps $2.3b deal to sell coal companies

PT Bumi Resources, Indonesia’s biggest coal exporter, has canceled a US$3.2 billion deal to sell its two coal mining units to a consortium of local companies led by PT Renaissance Capital following a prolonged delay in the closing of the transaction. Bumi’s finance director Eddie Soebari told The Jakarta Post on Friday that his company was forced to cancel the deal after seeing no clear... 

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